Address
415 Chatham Street, Brantford, ON
Price
$ 934,900
Property Attributes
  • ID#40580915
  • TypeMulti-Family
  • CountyBRANTFORD
  • CityBrantford
  • AreaBrantford Region
  • NeighborhoodEcho Place
  • ZipN3S 4J4
  • Style
  • Price$ 934,900
  • Bedrooms6
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1736
Data Source:
RLP - CREA EN
Property Description

CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. You don’t want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades.

General Features

Zoning R1C
Terms SALE
Parking yes
Inclusions Hot Water Tank Owned,Fridge X3, Stove X3, Dishwasher X3, Washer X3, Dryer X3
Parking Spaces 5

Interior Features

Bedrooms 6
Beds 6

Exterior Features

Lot Frontage 50.00

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N3S 4J4

Price
AVG $930K
$930K
Visits
AVG 54
54
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1965